Director of Asset and Property Management

Placement Type:

Permanent

Salary:

$225,000-275,000 Salary

Aquent is proud to partner with a leading real estate firm, a forward-thinking entity dedicated to shaping vibrant communities and driving significant value through strategic asset management and innovative property development. This firm manages a diverse portfolio of commercial and residential properties and is poised for significant growth and repositioning.

We are seeking a visionary leader to make a profound impact on the future of a distinguished real estate portfolio. This is a pivotal opportunity to directly influence the long-term growth and value of a significant collection of commercial and residential assets. As a key leader, you will drive strategic direction, financial performance, and operational excellence, shaping the future of diverse properties. You will be at the forefront of major redevelopment initiatives, including converting office spaces into modern residential units, expanding the residential footprint, and ensuring the portfolio is positioned for sustained success and innovation. Your contributions will directly impact the evolution of urban landscapes and the financial vitality of the portfolio.

What You'll Achieve and Contribute

• Provide strategic oversight for a diverse real estate portfolio, encompassing office, retail, and mixed-use properties.
• Develop and execute comprehensive asset management plans, ensuring alignment with ownership objectives and market trends.
• Drive Net Operating Income (NOI) growth through proactive occupancy optimization, strategic revenue enhancement, and diligent expense control.
• Identify and capitalize on value-creation opportunities, including repositioning strategies, redevelopment projects, and targeted capital investments.
• Anticipate and mitigate risks associated with market conditions, lease rollover, and overall asset performance.
• Lead complex lease negotiations, renewals, and restructurings, collaborating effectively with brokers and legal counsel.
• Develop and implement innovative leasing strategies designed to attract and retain high-quality tenants.
• Conduct rigorous financial and operational due diligence for prospective tenants.
• Cultivate and maintain strong tenant relationships, adeptly resolving escalated issues to ensure satisfaction and retention.
• Ensure consistent enforcement of lease terms and high portfolio standards.
• Lead major redevelopment initiatives, including critical office-to-residential conversions.
• Oversee the planning, budgeting, and execution of capital projects, tenant improvements, and major repairs.
• Partner with architects, engineers, and contractors to ensure projects are delivered on time and within budget.
• Identify opportunities to enhance asset value through modernization, reconfiguration, and improved usability.
• Lead, mentor, and develop property management and maintenance teams, fostering a culture of excellence.
• Establish clear performance expectations, accountability structures, and efficient operating procedures.
• Oversee day-to-day portfolio operations, including effective vendor management and service delivery.
• Foster a culture of responsiveness, professionalism, and continuous improvement across all operational aspects.
• Collaborate with finance and accounting teams on annual budgets, forecasting, and comprehensive financial reporting.
• Monitor portfolio performance against key metrics, including NOI, occupancy, and operating margins.
• Approve and manage operating and capital expenditures with a strong focus on return on investment.
• Analyze financial data to inform strategic decision-making and long-term planning.
• Ensure compliance with all applicable local, state, and federal regulations, building codes, and safety requirements.
• Oversee insurance programs, including property coverage and tenant certificates of insurance (COIs).
• Implement robust risk management practices to protect assets and minimize liability.

Must-Have Qualifications

• 7-12+ years of progressively responsible experience in commercial real estate asset or property management.
• Proven track record managing multi-asset portfolios and leading cross-functional teams.
• Deep understanding of commercial lease structures (NNN, gross, base year, percentage rent, etc.).
• Strong financial acumen, including budgeting, forecasting, and performance analysis (NOI, IRR, occupancy trends).
• Demonstrated success negotiating leases and managing complex tenant relationships.
• Experience overseeing capital projects, renovations, and/or redevelopment initiatives, particularly office-to-residential conversions.
• Working knowledge of building systems (mechanical, electrical, HVAC, structural) sufficient to oversee major projects.
• Excellent leadership, communication, and decision-making skills.
• Experience with property management and financial reporting software.

About Aquent Talent

Aquent Talent connects the best talent in marketing, creative, and design with the world's biggest brands.

Our eligible talent get access to amazing benefits like subsidized health, vision, and dental plans, paid sick leave, and retirement plans with a match. We also offer free online training through Aquent Gymnasium. More information on our awesome benefits!

Aquent is an equal-opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics. We're about creating an inclusive environment-one where different backgrounds, experiences, and perspectives are valued, and everyone can contribute, grow their careers, and thrive.

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